An accrual.
An act of deferring, a deferment.
A prepayment.
The option to so select, and the one selected.
The selection of one thing or person over others (with the main adposition being "for" in relation to the thing or person, but possibly also "of")
The state of being preferred over others.
Preferans, a card game, principally played in Eastern Europe.
A strong liking or personal valuation.
A preferential bias; partiality; discrimination.
To give preferential treatment to; to give a preference to.